The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.46 - Wholesale of pharmaceutical goods
New offshoring locations
Hungary
400 jobs Number of planned job losses
Announcement Date
14 August 2009
Employment effect (start)
1 October 2009
Foreseen end date
30 September 2012
Description
The Danish based multinational medical company, Coloplast, announced on 14 August 2009 that it will close the factory in Espergærde (north of Copenhagen) and 400 will be made redundant. The production will be offshored to Hungary after 1 October. The relocation is expected to take effect from 1 October and be carried out over three years; it is not yet known how many dismissals will take place this year. At the same time parts of the production in Thisted will be offshored to Hungary. Around 400 jobs within production will remain in Denmark in the long perspective.
On 20 October the management gave more precise information about offshoring and redundancies. During the next 18 month the production of medical equipment will be offshored to the low-wage countries Hungary and China. The first group of 143 have received a letter of dismissal, i.e. 62 employees in Thisted 81 at Coloplast's factories in Northern Zeeland. Headquarters is still in Humlebæk, Northern Zeeland. Coloplast offers to support continous vocational training (CVT) economically for the dismissed employees if the public authorities cannot offer CVT before the end of the notification period, which is maximum six months, in most cases bewteen two to four months.
Eurofound (2009), Coloplast A/S, Offshoring/Delocalisation in Denmark, factsheet number 69466, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69466.
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